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Jun 5, 2024 · The EIA reported total U.S. propane/propylene inventories built by 2.54 MMbbl for the week ended May 31, nearly matching the average of industry expectations for an increase of 2.56 MMbbl. The storage build was slightly below the average for the past five years.
- Kristen Holmquist
Apr 1, 2024 · Chart 2 shows how the call on inventory while production was low caused propane inventories to drop from 2023’s high levels back to the five-year average. But with the recovery in production, it appears inventories are headed back toward the trend seen last year.
Apr 22, 2024 · On April 17, the Energy Information Administration (EIA) said in its Weekly Petroleum Status Report that propane inventories increased by nearly 4 million barrels. The 3.989-million-barrel build essentially reset the fundamental trends in propane.
Feb 7, 2024 · With the decline, propane and propylene inventories fell to lows not seen since late April 2023, when stocks drew to 58.292 million barrels. The inventory drop was under forecasts by S&P Global Commodity Insights analysts, who projected inventory draws at a little more than 2.5 million barrels.
- Hunter Marrow
Oct 9, 2023 · Even though inventories will begin October at a record start-of-winter level, a reduction in the surplus inventory over last year has been modestly price supportive. Unless a more compelling topic comes along before next week, we may provide a forecast of where propane inventories might be as we exit this winter.
Nov 9, 2022 · Description: This interactive line chart shows beginning-of-month underground propane inventories in western Canada, Ontario, and Canada as a whole. The graph for each region illustrates underground inventories for 2022 (January to October) and the five-year (2017-2021) average.
Commercial crude stockpiles in the US increased less than expected last week as distillate and propane and propylene stocks decreased, government data released Wednesday showed. Inventories of ...
